Euro / Paun British
Panjang

EURGBP good opportunity for buyers

112
Based on the chart the major movement of price is following the uptrend. Also in the previous days we have face a good drop at these currency pairs. But the rejection of price from getting lower happened recently and it can be a good sign to of the strength of buyers at this area. Therefore the weakness on sellers and the strength of buyers at this area, can provide a good trading opportunity for buyers.
So I opened a buy position as it is shown on the chart with a low and probability of good reward which is about 1:3.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!

Penafian

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